10 Most Profitable NASDAQ Stocks Today

Page 4 of 10

7. Cisco Systems, Inc. (NASDAQ:CSCO)

Number of Hedge Fund Holders: 68

Net Income (TTM) as of July 31, 2022: $11.81 billion

For fiscal 2022, Cisco Systems, Inc. (NASDAQ:CSCO) reported an annual net income of $11.81 billion. The stock is the seventh most profitable NASDAQ stocks today.

On February 15, Cisco Systems, Inc. (NASDAQ:CSCO) posted market-beating earnings for the fiscal second quarter of 2023. The company generated a revenue of $13.59 billion, up 6.86% year over year and ahead of market consensus by $179.73 million. The company reported an EPS of $0.88 and outperformed EPS estimates by $0.02.

At the end of Q3 2022, Cisco Systems, Inc. (NASDAQ:CSCO) was a part of 68 investors’ portfolios that held collective positions worth $2.78 billion in the company. As of December 31, Two Sigma Advisors is the most prominent investor in the company and has disclosed a position worth $455.7 million.

Follow Cisco Systems Inc. (NASDAQ:CSCO)

Page 4 of 10